1620 Bay Rd
- Miami Beach, FL 33139
- $3,250,000
- 0 Bed(s)
- 0 Baths
- 4,338 Sqft.
Basic Information
- MLS # A11573834
- Type Duplex / Quad Plex / Triplex
- Style Triplex
- Status Active
- Subdivision/Complex Lenox Condo
- Year Built 1952
- Total Sqft 5,212
- Date Listed 04/22/2024
- Days on Market 11
Description
This unique property presents a rare opportunity for investors seeking a turnkey operation in the lucrative hospitality industry at atleast an 8.5 CAP! The AirBNB licensed villa, accompanied by an attached duplex, offers a total of 11 bedrooms and 9.5 bathrooms, providing ample space for guests to enjoy a comfortable luxurious stay. The meticulously maintained grounds, complete with a private garden lush landscaping, create a serene oasis for relaxation and entertainment. Located on the prestigious Lenox Ave, in close proximity to South Beachs renowned beaches, exclusive shops, and world-class dining establishments, fully furnished and renovated this property is ready for immediate operation. Dont miss out on this exceptional investment opportunity in one of Miamis best locations.
Exterior Features
- Waterfront No
- Pool No
- Construction Type Block
- Exterior Features Balcony, Fence, FruitTrees, SecurityHighImpactDoors, Lighting, Patio
- Parking Spaces 0
- Parking Description
- Roof Description Concrete
Interior Features
- Adjusted Sqft 5,212
- Cooling Description Electric
- Floor Description Tile,Wood
- Heating Description Central,Electric
- Sqft 5,212
Property Features
- Address 745 Lenox Avenue
- City Miami Beach
- Community Features LaundryFacilities
- Construction Materials Block
- County Miami-Dade County
- Furnished Info No
- Levels Two
- Listing Terms Cash,Conventional,VALoan
- Lot Description Sprinklers Automatic, Approx 14 Acre
- Lot Features Sprinklers Automatic, Approx 14 Acre
- Occupant Type CallAgent
- Patio And Porch Features Balcony,Open,Patio
- Pool Features None
- Possession ClosingFunding,CloseOfEscrow
- Postal City Miami Beach
- Public Survey Section Two
- Public Survey Township 2
- Roof Concrete
- Sewer Description PublicSewer
- Short Sale Regular Sale
- Stories 2
- HOA Fees N/A
- Subdivision Complex
- Subdivision Info Lenox Condo
- Tax Amount $12,683
- Tax Information LENOX CONDO UNIT 1 UNDIV 38.340 INT IN COMMON ELEMENTS OFF REC 26994-0952
- Tax Year 2023
- Terms Considered Cash,Conventional,VALoan
- Type of Property Triplex
- Water Source Public
- Window Features Sliding,ImpactGlass
- Year Built Details Resale
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Miami Beach, FL 33139Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Luxe Properties. tel: 305-809-7650
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